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Energy

  • West Burton to host prototype fusion plant

    October 3, 2022

    The Government has named a Nottinghamshire power station as the home for the UK's prototype fusion energy plant.

  • Europe risks supply crunch this winter if Russia cuts off gas, warns IEA

    October 3, 2022

    Europe will be on the verge of a supply crunch this winter if Russia turns off the taps into the continent, warned the IEA.

  • Exclusive: Ukraine urges West to slash Russian war revenues

    October 3, 2022

    The West needs to slash Russia's revenues from soaring oil and gas prices, argued Naftogaz, Ukraine's state energy provider.

  • Telecom Plus shares surge as customers snap up bargain deals

    October 3, 2022

    Telecom Plus shares surged over 20 per cent this afternoon after the utility services giant hiked full-year profit guidance after posting record customer growth during the first half of the year. The company nabbed 86,004 new customers in the six months to September, taking its total customer base to 814,684 and representing an annualised growth rate of [...]

  • Oil rebounds with OPEC+ expected to confirm swingeing output cuts

    October 3, 2022

    Oil prices climbed more than $3 this morning, with investors expecting the biggest cut to oil output this week since the start of the pandemic.

  • Drax hacks down Canadian forests to fuel power plant, investigation claims

    October 3, 2022

    Drax has been cutting down environmentally-important forests in Canada to fuel the UK's biggest power station.

  • EU brings in windfall tax but bloc divided over gas price caps

    October 1, 2022

    The EU has confirmed it will impose a windfall tax on energy firms' profits, as the bloc grapples with a cost of living crisis crunch this winter.

  • British Steel’s Chinese owners push for Government bailout

    October 1, 2022

    The owners of British Steel are seeking an urgent package of financial support from taxpayers, according to Sky News.

  • Energy bills rise to record highs despite Government support

    October 1, 2022

    Household energy bills have climbed to all-time highs for millions of Brits today, despite a Government cap on costs per unit.

  • Exclusive: UK still at risk of blackouts, warns energy forecaster

    October 1, 2022

    The UK could still face blackouts this winter, despite easing gas prices and Europe's topping up of energy storage.

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